New 2024 Construction!!!! Perfect Property to Upgrade to or for your 1031 Exchange, Beautiful Townhouse style 17- unit multifamily property. Gated 3-bedroom 2.5-bath with its own 2-car garage. Modern interior design, 2 story with its own laundry room. 3 of the 17-unit have a full size backyard. Beautiful decorative rock through the property to give a high-quality appearance. Each unit has a Master-Bedroom-Balcony to enjoy the fresh air and relax. AC units, Kitchen Cabinets, Water-Heaters and Appliances are all new. Roof, plumbing and electrical won’t need to be replaced for years to come. The property has RUBS for the Water to be billed to the tenants, and the general area’s light is off set by the solar panels. Season Investors will recognize the Value once they walk the property. These are accurate numbers of income and expenses, not based on Pro Forma, do to being 100% occupied and 10 months of expense operation.
Sold for $7,600,000
Listed by: Golden California • MANUEL MARQUEZ • Contact: 909-429-2120
Bought with: Golden California
$7,600,000
16534 Arrow Blvd, Fontana, CA 92335
51beds
51baths
22,080sqft
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$344/sqft
$3,137 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,137/mo
Zestimate® history
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List your homeWhat's special
Modern interior designDecorative rockFull size backyardKitchen cabinetsLaundry roomTownhouse style
Zillow last checked:
Listing updated:
Listed by:
MANUEL MARQUEZ DRE #01223058 951-295-8787,
Golden California
Bought with:
MANUEL MARQUEZ, DRE #01223058
Golden California
Source: CRMLS,MLS#: IV24250788
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 51
- Bathrooms: 51
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Gas Water Heater, High Efficiency Water Heater, Range Hood, Tankless Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Upper Level
Features
- Balcony, Granite Counters, All Bedrooms Up
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 22,080
- Total interior livable area: 22,080 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Fencing: Block,Vinyl
- Has view: Yes
- View description: None
Lot
- Size: 0.89 Acres
- Features: 16-20 Units/Acre
Details
- Parcel number: 0191121380000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Drywall, Stucco
- Roof: Tile
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Security Gate, Smoke Detector(s)
Location
- Region: Fontana
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $7,527,804
- Annual tax amount: $86,611
- Date on market: 12/17/2024
- Cumulative days on market: 74 days
- Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae
- Tenant pays: Cable TV, Electricity, Gas, Other
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2025 | Sold | $7,600,000-3.8%$344/sqft |
Source:  CRMLS #IV24250788 Report a problem | ||
| 3/12/2025 | Pending sale | $7,900,000$358/sqft |
Source: CRMLS #IV24250788 Report a problem | ||
| 1/27/2025 | Price change | $7,900,000-4.8%$358/sqft |
Source: CRMLS #IV24250788 Report a problem | ||
| 12/17/2024 | Listed for sale | $8,300,000+730%$376/sqft |
Source: CRMLS #IV24250788 Report a problem | ||
| 11/23/2024 | Listing removed | $3,090 |
Source: Zillow Rentals Report a problem | ||
| 11/15/2024 | Listed for rent | $3,090+8.4% |
Source: Zillow Rentals Report a problem | ||
| 3/8/2024 | Listing removed | -- |
Source: CRMLS #IV24029171 Report a problem | ||
| 3/5/2024 | Listed for rent | $2,850 |
Source: CRMLS #IV24029171 Report a problem | ||
| 4/2/2021 | Sold | $1,000,000+150%$45/sqft |
Source: Public Record Report a problem | ||
| 11/21/2019 | Sold | $400,000+0%$18/sqft |
Source:  CRMLS #TR19064620 Report a problem | ||
| 6/18/2019 | Price change | $399,900-8.1%$18/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 5/26/2019 | Price change | $435,000-8.4%$20/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 3/22/2019 | Price change | $475,000-5%$22/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 1/31/2019 | Price change | $499,900-2%$23/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 10/24/2018 | Price change | $509,900-2.9%$23/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 9/11/2018 | Listed for sale | $525,000+28.4%$24/sqft |
Source: Foothill City Realty #TR18222087 Report a problem | ||
| 11/9/2017 | Sold | $409,000-4.9%$19/sqft |
Source: Public Record Report a problem | ||
| 6/15/2017 | Listed for sale | $430,000-4.4%$19/sqft |
Source: RE/MAX TITANIUM #WS17134409 Report a problem | ||
| 5/1/2017 | Listing removed | $450,000$20/sqft |
Source: Treeline Realty & Investment #AR17056662 Report a problem | ||
| 3/29/2017 | Listed for sale | $450,000$20/sqft |
Source: Treeline Realty & Investment #AR17056662 Report a problem | ||
| 12/1/2016 | Listing removed | $450,000$20/sqft |
Source: Treeline Realty & Investment #AR16720797 Report a problem | ||
| 10/18/2016 | Listed for sale | $450,000+33.1%$20/sqft |
Source: Treeline Realty & Investment #AR16720797 Report a problem | ||
| 2/4/2005 | Sold | $338,000+125.3%$15/sqft |
Source: Public Record Report a problem | ||
| 11/6/2003 | Sold | $150,000$7/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $86,611 +35.1% | $7,527,804 +24.8% |
| 2024 | $64,113 +122.3% | $6,030,200 +122.5% |
| 2023 | $28,846 +156.1% | $2,710,000 +165.7% |
| 2022 | $11,265 +192% | $1,020,000 +215.5% |
| 2021 | $3,858 -18% | $323,315 -8.3% |
| 2020 | $4,703 -1.7% | $352,696 -15.5% |
| 2019 | $4,785 -59.5% | $417,180 +2% |
| 2018 | $11,819 +201.9% | $409,000 +28.3% |
| 2017 | $3,915 | $318,800 +25% |
| 2016 | $3,915 +23.1% | $255,000 +17% |
| 2015 | $3,181 +15.7% | $218,000 |
| 2014 | $2,750 | $218,000 +9% |
| 2013 | -- | $200,000 +2.9% |
| 2012 | -- | $194,300 |
| 2011 | -- | $194,300 |
| 2010 | -- | $194,300 -46.9% |
| 2009 | -- | $365,862 +2% |
| 2008 | -- | $358,688 +2% |
| 2007 | -- | $351,655 +2% |
| 2006 | -- | $344,760 +75.5% |
| 2005 | -- | $196,452 +2% |
| 2004 | -- | $192,600 +183.8% |
| 2003 | -- | $67,872 +2% |
| 2002 | -- | $66,541 -6.6% |
| 2000 | -- | $71,261 |
Find assessor info on the county website
Neighborhood: 92335
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GreatSchools rating
- 3/10Oleander Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Fontana Middle SchoolGrades: 6-8Distance: 0.8 mi
- 5/10Fontana High SchoolGrades: 9-12Distance: 1.3 mi
- California
- San Bernardino County
- Fontana
- 92335
- 16534 Arrow Blvd
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